Dhirubhai Ambani: A Motivational Story

"Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India."

Dhirubhai Ambani

Reading success stories of greatest professionals stimulates motivational enzyme within us and we all wish to emulate them on path of success.

Exactly with this aim MBARendezvous.com - India's content lead MBA website is presenting you series of success stories of Professionals who have carved niche in their own way and have become icons of Management Fraternity.

Following above you will read today success story of Mr. Dhirubhai Ambani :

A true rags-to-riches story, Dhirajlal Hirachand Ambani, has been undisputedly India's most enterprising entrepreneur. Born in a gujarati family Dhirubai moved toYemen at the age of 16, where he worked as a dispatch clerk with A. Besse & Co.

After working in Dubai for sometime he later returned to India where he founded the Reliance Commercial Corporation with a meager capital of Rs. 15000. He set up the business in partnership with Champaklal Damani from whom he split in 1965.

Dhirubhai started his first textile mill at Naroda, near Ahmedabad and launched the brand "Vimal". He later diversified into petrochemicals and sectors like Telecommunications, Information Technology, Energy, Power, Retail, Textiles, Capital Markets and Logistics.

He rose from humble beginnings to create India's largest industrial empire, and in the process, became one of the world's richest men. He rewrote India's corporate history for which he was featured among the select Forbes billionaires list. He also figured in the Sunday Times list of top 50 businessmen in Asia.

Credited for starting the equity cult in India, Dhirubhai was praised for his key role in shaping India's stock market culture by attracting hordes of retail investors to a market monopolized by state-run financial...

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...Dhirubhai H. Ambani, the Founder Chairman of Reliance Group, is credited to have brought about the equity cult in India in the late seventies. He is regarded as an icon for enterprise in India. A man far ahead of his times, he epitomized the dauntless entrepreneurial spirit 'dare to dream and learn to excel'. He dared to dream on a scale unimaginable before in Indian industry.
The life journey of the most enterprising Indian entrepreneur is reminiscent of the rags to riches story. He is remembered as the one who rewrote Indian corporate history and built a truly global corporate group. His life and achievements prove that backed by confidence, courage and conviction, man can achieve the impossible.
DhirubhaiAmbani alias Dhirajlal Hirachand Ambani was born on December 28, 1932, at Chorwad, Gujarat, into a Modh family. His father was a school teacher. DhirubhaiAmbani started his entrepreneurial career by selling bhajias to pilgrims in Mount Girnar over the weekends. He moved to Aden, Yemen after completing his matriculation at the age of 16. He worked there as a gas-station attendant, and as a clerk in an oil company. He returned to India in 1958 with Rs 50,000 and set up a textile trading company.
He started his first textile mill at Naroda, near Ahmedabad in 1966 and started the brand 'Vimal'. He built India's largest private sector company, Reliance...

...Es*xecutive Summary*:
DhirubhaiAmbani – Founder of Reliance Industries Ltd.
Dhirubhai was born in a Chorwad village, Gujarat, India in 1932 to a middle- class family. His father was a school teacher. However, he failed to pass his school exams in the first attempt. He earned his first money as child selling snacks to pilgrims over weekends. At the age of 17, he left his hometown for Aden (now Yemen) to work with A. Beese & Co. He worked for Shell, as petrol pump attendant (“Dhirubhai”, 2008). After nine years he back to India in 1957 with a dreams to start his own business. He setup a small trading venture named Reliance Commercial Corporation. At first he started trading spices and then yarn, polyester and petrochemicals. Later, he ventured into oil and gas refining and oil exploration, building a multibillion dollar corporation. He started a trading house with just $ 350 (15,000 Indian Rupees) and within a short period, he was the largest polyester trader in the country. The company went public in 1977. He convinced the middle class community to invest in the company and rewarded them, too. Within a span of 25 year, he put the company in the Fortune 500 list. The Reliance group’s track record of continuous growth is unparalleled in the Indian industry. Today, the company’s turnover represents nearly three per cent of the Indian GDP (Krishnamurthy, 2007). He followed the simple philosophy: “Think big, Think...

...DhirubhaiAmbani.
(1932-2002)
About Dhirubhai
Man who knew how to lead in this world by creating our own path towards success. DhirubhaiAmbani was well known for his achievements. His spirit and attitude towards the work made him an extra ordinary gentleman.
He was born in the small village in state of Gujarat, India and was a son of a school teacher. Being in the inspirational background, he had learned how to live with hopes and transform them into reality. His confidence helped him accomplishing all his targets in life. Dhirubhai desired of getting well educated but it turned as a dream and regretted all through his life. Mousumi Kumar. (2012).
He believed in following the right path and opportunities will come in the way. With this attitude he built Reliance Industries which was first private sector Company to enter fortunes global 500 companies. In 2002, Reliance Industry contributed 3% in India’s GDP and 5% towards countries export. (The story of DhirubhaiAmbani, 2011.)
His Vision
DhirubhaiAmbani worked in Aden as a petrol pump attendant. He then decided rather than working for other company he would start one of his own. He returned to India and envisioned the future of India.
"Pursue your goals even in the face of difficulties, and convert adversities into opportunities." Reliance Industries...

...DhirubhaiAmbani and Reliance
"Our dreams have to be bigger. Our ambition higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India."
- DhirubhaiAmbani.
"The country has lost an iconic proof of what an ordinary Indian fired by the spirit of enterprise and driven by determination, can achieve in his own lifetime. Not only did Ambani build a large and diversified business conglomerate but also inspired many first generation entrepreneurs with his success."
The Death of an Icon
The 6th of July 2002 was a black day in the Indian corporate history. The Founder and Chairman of the Reliance group of Industries (Reliance), Dhirajlal Hirachand Ambani (Dhirubhai) died after a 13 day battle for survival. A perfect combination of entrepreneurship and leadership, Dhirubhai transformed Reliance from a company with a turnover of Rs 640 million in 1976, to one with a turnover of Rs 620 billion in 2002. Starting with a small textile mill in Naroda, in 1966, Dhirubhai took Reliance into various areas like petrochemicals, polyester filament yarn, oil and gas exploration and production, refining and marketing of petroleum, textiles, power, telecom services, information management and financial services (Refer Exhibit I for Reliance Group of Companies).
[pic][pic][pic][pic][pic][pic]Dhirubhai never followed...

...Anil DhirubhaiAmbani (born 4 June 1959) is an Indian industrialist and chairman of Reliance Anil DhirubhaiAmbani Group, one of the largest private conglomerates. Anil's elder brother Mukesh Ambani, who heads as the chairman of Reliance Industries. The Ambani family is the richest families in India and one of the richest in the world, their wealth inherited from DhirubhaiAmbani, founder of largest Indian conglomerate Reliance Group.
He is a member of the Board of Overseers at the Wharton School of the University of Pennsylvania. He is also the member of the Board of Governors of theIndian Institute of Technology Kanpur; Indian Institute of Management, Ahmedabad. He is a member of the Central Advisory Committee,Central Electricity Regulatory Commission. In March 2006, he resigned. He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar
ENTHUSIASTIC LEADER- Everyone in the company looks up to Anil for inspiration. As a boss, a sense of purpose should always be in mind. Every day should be treated as a new day at work and the optimism should show. The challenges are always met head on and dealt with the demeanor of Anil who enjoys doing it. Anil Ambani believes firmly in hard work. The passion you should have for your work is the foremost in having a leadership role in any activity.
OPPORTUNISTIC-From an early age, the...

...courage to not succumb to the present, but to bring about a change for a better future. With their determination, perseverance and intellect, they created history.
Here is the brief biography of DhirubhaiAmbani Founder of Reliance Industries, is one of the greatest and famous leaders in Indian business.
When we talk about Indian leaders one name, which we cannot missout,is Dhirubhai Ambani.He has voyaged through a journey of rags to riches. He was born on 28th December 1932 to local schoolteacher in a village called Chorwad.junagadh district, Gujarat.
Dhirubhai has been an opportunist right from chaildhood,all he needed was the
whiff of a business opportunity he was off to tap it. During the mahashivratri fair,
he would sell 'ganthia' gujaratrisavoury to earn money. Due to shortage of money, he left education after matriculation and went to Aden to earn money. He worked for almost eight years in a petrol station where he learned about oil business until a day came when he was bitten by the entrepreneurial bug. He came back to India to start his own business. He took a loan with which he started with reliance commercial corportation.which has been a stepping stone to one of India's largest corportation.they were involved in general merchandising.
Ascent to the Leadership
Dhirubhai has always shown all the critical leadership qualities. He would always grab an opportunity and strike on it....

...Introduction
Ambani is the chairman of Reliance Capital, Reliance Communications and Chairman & Managing Director, Reliance Energy, and was formerly Vice Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Communications is 66%.[1]. Reliance group is India's largest business house, founded by Anil's late father DhirubhaiAmbani (1938-2002). His mother is Kokilaben Ambani. He is married to Tina Ambani (Munim) who was a well known Indian Actress in early 80's, and with whom he has two sons, Jai Anmol and Jai Anshul. He has been linked with buying Newcastle United and Everton premier league football clubs.
The total investors' wealth in the four Anil Ambani Group firms -- Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd (RNRL) has reached 1,42,384 crore rupees, while total promoter holding is estimated at about Rs 87,000 crore. Anil's wealth comes mostly from his over 65 per cent stake in RCOM, which has a market cap of about Rs 1,03,000 crore. He also has over 50 per cent in RCL (market cap of Rs 24,000 crore), 35 per cent in REL (market cap of Rs 12,700 crore) and close to 54 per cent in RNRL, which has a market cap of about Rs 2,600 crore.His net worth subsequently plunges by over 60% owing to poor stock market condition in India led by ADAG stocks.[2].
As of 12th September...

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Mukesh ambani
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MMJHBAN Mukesh Ambani
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Name | Mukesh Ambani |
Born on | 19 April 1957 |
Place of Birth | Aden, Yemen |
Educated from | University of Bombay, Stanford University |
Works for | Reliance Industries |
Valued at | US $27 billion |
Position | Chairman and Managing Director of Reliance Industries |
Married to | Nita Ambani |
Father | DhirubhaiAmbani |
Mother | Kokilaben |
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Family
He is the eldest son of DhirubhaiAmbani, who is the late founder of Reliance Industries. He has a brother,Anil Ambani , and two sisters, Dipti Ambani and Nina Ambani.
The two brothers have had a history of clashes over business. Anil Ambani, who is the owner of Reliance Anil DhirubhaiAmbani Group, is also a tough market competitor.
Growing up
He was brought up in a close-knit, joint bourgeois family. His father laid a great stress on the non-academic aspect of his life. He was even...